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Team lift-out

2 advisors left P•••• S••••••••• L•• for M•• I•••••••• S•••••••• L••

BD affiliatedtoBD affiliatedAffiliated broker-dealer or bank to anotherderived from registration dates
Members
AdvisorBranchLeftRegistered
Jamie L LawhorneColumbia, ScAug 17, 2018Sep 18, 2018
Patrick Albert KramerMt Pleasant, ScAug 21, 2018Oct 29, 2018
The rule
Registrations ended
Aug 17, 2018 to Aug 21, 2018
Registered next
Sep 18, 2018 to Oct 29, 2018
Branch state
SC
Cities
2, most in Columbia, Sc
Registered there that day
1,170 (people still on IAPD; an estimate)
Share of that headcount
0.2%
Succession by the destination
none on the tape

A team is two or more advisors whose registrations through one firm ended within fourteen days of each other, from branches in the same state, all registering next through the same other firm. The kind is a printed rule, not a judgment: absorbed when half or more of the firm’s registered people moved or a succession names it, channel change when the two CRDs are one enterprise (same name, same 75%+ owner around the move, or one name the other with a word added), large transfer at fifty or more, lift-out otherwise.